Connect with us

Current

Michelle Keegan and Mark Wright ‘sell their five-bedroom luxury Essex mansion’

Voice Of EU

Published

on

Mark Wright and Michelle Keegan have reportedly sold their luxury five-bedroom Essex mansion. 

The actress, 33, and presenter, 34, are now renovating their new £1.3million dream house and posted clips of the building work to their new home Instagram account on Wednesday after their old property was snapped up. 

Sources close to the couple told The Sun that they exchanged contracts on Tuesday and that they are ‘thrilled’ to now be able to get on with finishing their new property, which they bought in October 2019.

Deal: Mark Wright and Michelle Keegan have reportedly sold their luxury five-bedroom Essex mansion after sharing clips of renovations on their new £1.3m dream house to their new home account

Deal: Mark Wright and Michelle Keegan have reportedly sold their luxury five-bedroom Essex mansion after sharing clips of renovations on their new £1.3m dream house to their new home account 

The source said: ‘It was their first home together and it holds so many happy memories but they’re excited about the future and building their dream home.

‘They wanted to share that with their fans so started an Instagram and are overwhelmed how many people want to follow their journey.’

Mark was photographed on Wednesday leaving Madison Fox, Chigwell who specialise in the sales of prestigious properties and were responsible for selling the couple’s home. 

Their old home – bought in 2013 – which has reportedly been sold, was on the market for £1.78 million last October. 

Wow: Images show inside the glamorous home, which they purchased in 2013 and lived in during lockdown while their new property undergoes extensive renovations

Wow: Images show inside the glamorous home, which they purchased in 2013 and lived in during lockdown while their new property undergoes extensive renovations

Glam: Their current house certainly caters for a luxury lifestyle with huge rooms and a sprawling garden, as well as an annex which currently houses their home gym

Glam: Their current house certainly caters for a luxury lifestyle with huge rooms and a sprawling garden, as well as an annex which currently houses their home gym

The stunning property boasts a home gym, crushed-velvet interiors and a manicured garden as well as huge chandeliers and a cinema room.  

The house boasts a spacious drive way with plenty of curb appeal and had lots of room for the couple’s lavish cars, which have previously included a Mercedes GTS, a Range Rover and BMW X6.  

Once inside the rural abode, there is an abundance of space to unwind in the all-grey living room.

In the centre of the lounge is a pale crushed velvet L-shaped sofa and a mirrored coffee table, which matches the other furniture in the room including a console table. 

Happy: Mark was all smiles as he left Madison Fox estate agents in Chigwell who specialise in the sales of prestigious properties and were responsible for selling the couple’s home

Happy: Mark was all smiles as he left Madison Fox estate agents in Chigwell who specialise in the sales of prestigious properties and were responsible for selling the couple’s home

Unique: The focal point of the kitchen is a striking velvet padded booth and table, which is situated in the island along with a hob, while the rest of the room features oak and white cabinets and tiled flooring

Unique: The focal point of the kitchen is a striking velvet padded booth and table, which is situated in the island along with a hob, while the rest of the room features oak and white cabinets and tiled flooring

Cooking up a storm! Around the island is a selection of bar stools which the couple can sit at to catch up on some TV, which is mounted to the wall above a row of kitchen cabinets

Cooking up a storm! Around the island is a selection of bar stools which the couple can sit at to catch up on some TV, which is mounted to the wall above a row of kitchen cabinets

Grand garden: The garden is as perfectly presented as the interior of the home, as luxury sunbeds sit atop of the landscaped lawn and a selection of expensive-looking garden furniture decorates the patio

Grand garden: The garden is as perfectly presented as the interior of the home, as luxury sunbeds sit atop of the landscaped lawn and a selection of expensive-looking garden furniture decorates the patio

Moving forward: The Essex presenter was dressed in a grey jacket, black skinny jeans and a cap after finalising the deal at Madison Fox – removing his protective mask after walking out of the offices

Moving forward: The Essex presenter was dressed in a grey jacket, black skinny jeans and a cap after finalising the deal at Madison Fox – removing his protective mask after walking out of the offices 

The cinema room furniture is a selection of darker grey sofas, while a huge projector screen has been mounted to the wall, which has been painted a charcoal colour for added ambience.

The focal point of the kitchen is a striking velvet padded booth and table, which is situated in the island along with a hob, while the rest of the room features oak and white cabinets and tiled flooring.

Around the island is a selection of bar stools which the couple can sit at to catch up on some TV, which is mounted to the wall above a row of kitchen cabinets. 

Glitz: Other images of the house show two neutrally decorated guest rooms for the families to come and stay

Glitz: Other images of the house show two neutrally decorated guest rooms for the families to come and stay

Lovely: Upstairs there are five bedrooms including the master suit, which boasts a king size bed with showstopping velvet headboard with matching curtains and bedding

Lovely: Upstairs there are five bedrooms including the master suit, which boasts a king size bed with showstopping velvet headboard with matching curtains and bedding

Decadent: A stunning chandelier was situated in the middle of the grand hallway

Decadent: A stunning chandelier was situated in the middle of the grand hallway

Luxury: There is an impressive roll top bath in the neutrally-toned bathroom

Luxury: There is an impressive roll top bath in the neutrally-toned bathroom

Mirror, mirror! In a theme which is seen throughout the house the room also features selection of mirrored furniture including bedside tables and a chest of drawers

Mirror, mirror! In a theme which is seen throughout the house the room also features selection of mirrored furniture including bedside tables and a chest of drawers

Nice: Other images of the house show two neutrally decorated guest rooms perfect for when visitors come and stay over

Nice: Other images of the house show two neutrally decorated guest rooms perfect for when visitors come and stay over

The garden is as perfectly presented as the interior of the home, as luxury sun beds sit atop of the landscaped lawn and a selection of expensive-looking garden furniture decorates the patio.

The hallway is the perfect entrance to the home, as a carpeted stairway is visible in a tastefully decorated entrance leading off in several directions to the other areas of the property.

Upstairs there are five bedrooms including the master suit, which boasts a king size bed with show stopping velvet headboard with matching curtains and bedding.  

Fitness fans! There is also a spacious gym at the property perfect for home workouts during lockdown

Fitness fans! There is also a spacious gym at the property perfect for home workouts during lockdown

Welcome: The hallway is the perfect entrance to the home, as a carpeted stairway is visible in a tastefully decorated entrance leading off in several directions to the other areas of the property

Welcome: The hallway is the perfect entrance to the home, as a carpeted stairway is visible in a tastefully decorated entrance leading off in several directions to the other areas of the property

Well presented:  The oak front door features glass panelling either side and is flanked by two huge lanterns

Well presented:  The oak front door features glass panelling either side and is flanked by two huge lanterns

Lavish: Once inside the rural abode, there is an abundance of space to unwind in their all grey living room and separate cinema room for cosying up to watch their favourite films

Lavish: Once inside the rural abode, there is an abundance of space to unwind in their all grey living room and separate cinema room for cosying up to watch their favourite films

In a theme which is seen throughout the house, the bedroom also features a selection of mirrored furniture including bedside tables and a chest of drawers.

Other images of the house show two neutrally decorated guest rooms for families to come and stay in. 

Mark and Michelle bought their new home for £1.3m in October last year and it was revealed in January that they would demolish the four bedroom farmhouse to create the sensationally lavish new house with ‘classical design’. 

The sprawling new home will feature a huge swimming pool, bar and make-up room, floor plans have revealed.

Stylish: The cinema room furniture is a selection of darker grey sofas, while a huge projector screen has been mounted to the wall which has been painted a charcoal colour for added ambience

Stylish: The cinema room furniture is a selection of darker grey sofas, while a huge projector screen has been mounted to the wall which has been painted a charcoal colour for added ambience

Posted on Epping Council website and being designed by Essex-based company MP Architects, the stunning plans show the couple’s incredible vision, which also features a playroom for any future kids.

On Tuesday evening the couple revealed they have created a home account on Instagram to share progress of the renovations taking place. 

They opened their new page and revealed their intentions to give their fans some insight into their ‘journey’.

In one snap, former Corrie star Michelle appeared in great spirits as she climbed a ladder, while her shirtless husband worked up a sweat as he removed a roof with fellow builders in another image. 

Come join us! On Tuesday evening the couple revealed they have created a home account on Instagram to share progress of the renovations taking place and posted a video showing Michelle on the building site

Come join us! On Tuesday evening the couple revealed they have created a home account on Instagram to share progress of the renovations taking place and posted a video showing Michelle on the building site 

‘This was day 1, ripping the roof off of the garages’, ex-TOWIE personality Mark wrote as he confirmed they started work on their abode in July 2020.

The pair, who have been married since 2015, also uploaded pictures of another home they’re taking inspiration from, which they captioned: ‘Stunning homes we are trying to base ours on. 

‘Love this white/Georgian style, we are thinking more of a modern twist though…. do you like?’

The TV stars explained why they’re providing their followers with glimpses of their personal lives as they said: ‘Part of my life I don’t always share is my property development.

'Day one': Presenter Mark, 34, went shirtless as he worked up a sweat to remove a roof with fellow builders in another image

‘Day one’: Presenter Mark, 34, went shirtless as he worked up a sweat to remove a roof with fellow builders in another image

‘A hobby and side hustle that I love but last July me and @michkeegan started building our dream home… we debated sharing our journey & after a lot of thought we decided we wanted to bring you along with us!’ (sic)  

All five bedroom feature an en-suite, while cupboards are littered through the floor and a vast drive will accommodate a plethora of cars. 

Their planning agent previously said: ‘This new house has been carefully designed so that it is similar in area and volume to what is currently on the site.

‘The new house will sit further back on the site and will create a much more functional family dwelling for our clients.

‘The existing house has been extended several times and is not functional, therefore a new house would be a better use of the site.’  

'It's a hobby and side hustle that we love': The actress, 33, and the former TOWIE star, 34, opened their new page on Tuesday evening after buying the property in October 2019

‘It’s a hobby and side hustle that we love’: The actress, 33, and the former TOWIE star, 34, opened their new page on Tuesday evening after buying the property in October 2019

Source link

Current

Cladding-hit flat owner to send repair bills to developer after floor collapses

Voice Of EU

Published

on

‘I’ll be sending the bill to the chief executive’: Cladding-hit flat owner hits out at developer after his floor collapses in latest building fiasco

  • Homeowner sees floor at his London flat collapse in latest building fiasco
  • We exclusively reveal the full extent of the damage – a hole that is 40cm by 30cm
  • The damage is the latest question about building work in flats across Britain
  • Many flats have already been hit by the cladding crisis and face huge repair bills 










A leaseholder who is already having to deal with expensive cladding issues has hit out at poor craftsmanship after the floor of his flat collapsed beneath his feet.

Liam Spender explained that he was at home at the weekend when he felt the floor give way.

‘I felt the floor go and moved quickly out of the way. I turned back and there was a dip in the carpet. I nearly fell through the floor,’ he said.

Leaseholder Liam Spender (pictured) has hit out at poor craftsmanship at his London home in Canary Wharf

Leaseholder Liam Spender (pictured) has hit out at poor craftsmanship at his London home in Canary Wharf

Mr Spender lifted the carpet at his London flat near Canary Wharf to reveal the full extent of the damage – a hole that is approximately 40cm by 30cm.

He explained that his flat is across two levels, meaning that the floor between is allowed to be made as it is – with chipboard and wooden joists – and does not need to include concrete. 

However, Mr Spender claimed that the sheets of chipboard were not adequately supported by the floor joists. 

The damaged floor is on a gallery above his bedroom. ‘It could have been a lot worse and I could have gone straight through,’ he said.

Taking to Twitter, Mr Spender explained how the floor was not adequate, saying: ‘There is only air between the floor boards and the room underneath.’

Mr Spender claimed that the chipboard floor was not adequately supported by the floor joists

Mr Spender claimed that the chipboard floor was not adequately supported by the floor joists

The flat owner revealed the full extent of the damage - a hole that is approximately 40cm by 30cm

The flat owner revealed the full extent of the damage – a hole that is approximately 40cm by 30cm

It is the latest challenge Mr Spender has at his building, as he already faces a bill for remediation works due to cladding issues.

‘I’m going to get the bill for fixing the mess on cladding. The broken floor is literally a step too far. 

He said: ‘I’m going to get the bill for fixing the mess on cladding. The broken floor is literally a step too far.

‘I have not had my bill for the cladding issues yet. But I’ll be sending the bill for the floor and the cladding – when it comes – marked for the attention of the chief executive and chairman of Berkeley homes.’

Since the Grenfell Tower fire in 2017, concerns about cladding have become a national issue.

Lenders have refused to provide finance on some types of cladding, leaving some flat owners trapped in unsafe homes that they are unable to sell.

Berkeley Group was approached for comment, but declined to comment. 

Mr Spender said the broken floor was 'a step too far' as he was already expecting a repair bill for cladding issues at his building

Mr Spender said the broken floor was ‘a step too far’ as he was already expecting a repair bill for cladding issues at his building

Advertisement



Source link

Continue Reading

Current

How do you feel about the new carbon budgets?

Voice Of EU

Published

on

We want to hear your views on the proposed new carbon budgets which, the Government says, will change how people live and work. The proposed budgets, published by the Climate Change Advisory Council, will apply to every sector of the economy and will outline a limit for total emissions that can be released.

The first carbon budget, which will run from 2021 to 2025, will see emissions reduce by 4.8 per cent on average each year for five years. The second budget, which will run from 2026 to 2030, will see emissions reduce by 8.3 per cent on average each year for five years. The council says the budgets will require “transformational changes for society” but that failing to act would have “grave consequences”. Environmental campaigners say the budgets will provide a cleaner, healthier and safer future but some rural groups such as the Irish Farmers’ Association say they will have “serious repercussions”.

How do you feel about the new carbon budgets?

Now we’d like to hear your views: Do you support the budgets or are you against them; do they go too far or not far enough?

We will publish a selection of your responses online (If you are reading this on the Irish Times app, click here to access the form for submissions).

Source link

Continue Reading

Current

House sales shoot up a THIRD in September amid fears of mortgage rate hike

Voice Of EU

Published

on

The number of homes bought and sold in Britain rose by two thirds in September compared to August, with experts believing buyers are seeking to get ahead of a potential rise in mortgage rates. 

There were nearly 161,000 property transactions in September on a seasonally-adjusted basis, a 67.5 per cent increase on the previous month, according to latest figures from HMRC. 

They also increased by 68 per cent compared to September 2020, and 63 per cent compared to the ‘normal’ market average in September 2017 to 2019.

The cost of a mortgage could be set to increase, if the Bank of England base rate rises

The cost of a mortgage could be set to increase, if the Bank of England base rate rises

Experts say the sharp rise was only partly a result of the Government’s stamp duty holiday, which has fuelled price growth of around £25,000 in the last year but finally ended on 30 September. 

It initially allowed buyers to save up to £15,000 in taxes as they did not need to pay stamp duty on the portion of their property purchase under £500,000. 

But in September, the tax break would have had a more subdued effect.

In England and Northern Ireland, it was tapered down between July and September so that buyers could only save £2,500.

And the holiday had already expired in Scotland and Wales, on 31 March and 30 June respectively. 

Given that the impact of the stamp duty holiday was lessening, some suggest that other factors have become more important in maintaining high levels of activity in the housing market. 

There are a number of things at play, according to Lawrence Bowles, senior research analyst at Savills.

‘There’s more to this activity than a stamp duty holiday: record-low mortgage rates, desire for more space, and a core of unmet pent up demand all continue to push up transaction volumes,’ he says. 

Although it is one of several reasons why the housing market remains hot, the desire for a cheap mortgage has become more of a pressing issue for buyers in recent days and weeks. 

This is because speculation about a rise in the Bank of England’s base rate has threatened an increase in the current super-low rates.

At the moment, rates are available as low as 0.89 per cent – but they are already rising. At its lowest, the cheapest fixed rate on the market was 0.84 per cent.

Major lenders including NatWest, HSBC and Barclays have all moved to increase rates on some mortgages, after months of sustained falls. 

With a base rate rise being predicted by some for December, experts are suggesting that the threat of mortgage rates going up is the ‘new stamp duty holiday’ and that the rush to complete sales before rates rise is now keeping the housing market buoyant.

Simon Bath, chief executive of technology company iPlace Global which created the property advice app Moveable, says: ‘We have reached another crossroads in which following the stamp duty holiday, there is another potential deadline for Brits to prepare for.

‘It seems likely that house prices will continue to rise before demand slows down, as Brits race to obtain lower mortgage rates.’

Rising costs: Those buying homes have seen the typical sale price increase by £5,000 in the last month alone, according to data from the property platform Rightmove

Rising costs: Those buying homes have seen the typical sale price increase by £5,000 in the last month alone, according to data from the property platform Rightmove 

Early statistics back his price rise theory up. According to Rightmove’s latest house price index, which covers the first half of October, the average house price jumped £5,000 compared to the previous month. 

In addition, every UK region broke asking price records for the first time since March 2007.

The property portal noted in its report: ‘The continued fast turnover of property for sale and a window of opportunity to buy before a potential interest rate rise seem to have overcome the final expiry of all stamp duty incentives and are keeping activity robust.’

This trend is keeping the market buoyant for now, but could it really lead to another buying frenzy? Iain McKenzie, chief executive of The Guild of Property Professionals, says so. 

‘With demand for properties still high, and a potential mortgage rate rise on the horizon, this could be the perfect storm to see another frenzy to buy, so long as the shortage of stock doesn’t continue,’ he says. 

There is also the simple fact that people who were trying to meet the September stamp duty deadline, but failed, are unlikely to abandon their purchases, and will continue to add to the totals over the coming months. 

But others are less sure about talk of another buying boom. With the base rate rise only tipped to be from 0.1 per cent to 0.25 per cent, the difference in people’s mortgage payments may only be a few pounds per month. 

For example, for someone with a £120,000, two-year fixed rate mortgage on a £200,000 home, the difference between a 0.89 per cent rate and a 1.04 per cent rate would be just over £8 a month, or just under £200 across the fixed period. 

Office for National Statistics data showing house price increases over the past 15 years

Office for National Statistics data showing house price increases over the past 15 years

Mark Harris, chief executive of mortgage broker SPF Private Clients, says: ‘People will still move without stamp duty holidays and will continue to refinance their homes, whether mortgage rates are below 1 per cent or around 2 per cent.

‘Borrowers are keen to secure these historically-low mortgage rates but if the right property comes along, they are still likely to buy even if they have to pay say 15 basis points more and won’t qualify for a stamp duty holiday.’

But as the stamp duty holiday proved, the psychological impact of thinking you are saving money can be powerful, even when the actual cash saving is negligible. 

While buyers did indeed ‘save’ up to £15,000 in tax, house price rises during the stamp duty holiday were upwards of £20,000, eclipsing the actual saving.   

The true impact that the mooted rise in mortgage rates will have depends on myraid factors, including whether there is further clarity on if and when the base rate change might actually happen, and how mortgage lenders continue to respond to the situation. 

All eyes will be on the October transaction statistics and house price indices to see whether the market is remaining buoyant. 

Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence.

Source link

Continue Reading

Trending

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates 
directly on your inbox.

You have Successfully Subscribed!